St. Paul daily globe., 1887-10-15
A RTIcLEs OF 1NcoRpop.r1oN =,

A RTICLES OF INCORPORATION OF
"A st. Peter Street improvement Company
know all men by these presents. That We
M ane Undersigned, do hereby associate, under
ana according to the provisions of title 2 of
chapter "a, of the General Statutes of the
= state OF Minnesota, for the purpose of form
ing a corporation as hereinafter stated. and
TO that end do hereby adopt the following
articles of Incorporation:
Article THE name of said corporation
snail be ''St. Peter Street improvement Com
pany The general nature of its business
shall be the buying, owning, improving sell
ing and dealing i'll lands, tenements and
Entertainments, real, mixed and personal es
tate and property; the principal place of
transaeting said business shall be the city of
st Paul, i'll the county of Ramsey. and state
Of Minnesota
Art. 1.-THE time of commencement ef
said corporation shall be Oct 10 1887 The
period OF its continuance shall be thirty
years.
Art. II1.-The amount of capital stock of
said corporation shall be $500 900; the same
shall be paid in cash or i'll lands at such
times and from time to time and in such
manner as the bylaws shall prescribe pro-
vlded that 70 per cent. of said stock may be
called by the directors on or prior to the Ist
day of August, 1888, or in monthly install.
ments OF 10 per cent. of the amount of each
SUBSCRIPTION, beginning March l. 1888: pro-
vlded further. that not more than 20 per
cent. OF each subscription shall be called in
prior to said LIST day of August, 1888
Art. lV.-Ihe highest ameant of indebted
Hess or liability to which said corporation
900.
Art. V.-The names and places OF residence
OF the persons forming said association for
incorporation are as follows: j. Royall Nc
Murran, Henry Hutchinson. John F. Fulton,
u. j. Hodgson, A. G. Potstlethwaite, Daniel
II. McEwen and Henry Z. Wedelsaedt, and
they all reside i'll the city of ST. Paul afore-
said.
Art. VI.-The names of the first board of
directors of said corporation are as follows:
>. Royal, McMurran, Henry Hutchinson John
F. Fulton, L: j. Hodgson, A. G. Postlethwaite,
Daniel II: McEwen and Henry E. Wedel-
staedt. The government of said corporation
and the management of its affairs Shall be
vested in board of seven directors, which
silaiI pc composed until the first annual meet
ing OF the persons last above mentioned: and
at said annual meeting, which shall be held on
the second Tuesday of May in each year here
after, such board of directors shall be
elected. The officers of said corporation shall
be president, vice president, a secretary and
treasurer, all OF whom, except the secretary
Shall be stockholders. Until the first annual
meeting j. Royal McMurran shall be presi-
dent John +. Fulton shall be vice president
and A. G. PostlethWaite shall be treasurer of
said corporation.
Art VII.-The number of shares in the
capital stock of said corporation shall be
2.0Oo and the amount of each share shall be
SIO0.
In testimony whereof we have hereunto set
our hands and seals this 9th day of Septen.
Der, A. D. 1887.
j. ROYALL McMURRAN, TSeal1
HENRY HUTCHINSON fSeal
JOHN F. FULTON, tSealt
E. j. HODGSON, rSeal
A. G. POSTLETHWAITE, fSeal
DANIEL II. McEWEN fSeaIt
HENRY E. WEDELSTAEDT, fSea1t
In presence of
W. T. MCMURRAN, !
SAM'L McMURBAN. (